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Don't remind me again today

Do u know even the most intelligent investor Mr Warren Buffett has failed a lot of time ?



Here are Warren Buffett’s biggest failed or underperforming stock bets — the ones he openly admits were mistakes:



🔻 Warren Buffett’s Most Famous Failed Stock Picks

1. IBM

Buffett bought a huge stake (~$10B) in IBM around 2011, expecting a long-term tech turnaround.
Outcome: IBM kept declining, lost market share, growth stalled.
Result: Buffett sold almost everything at a loss and admitted:

“I was wrong.”



2. Tesco (UK Supermarket)

Berkshire invested heavily in Tesco.
Outcome: Accounting scandal + collapsing profits.
Result: Berkshire lost over $400 million.



3. Kraft Heinz

Buffett helped merge Kraft with Heinz believing in big-brand food companies.
Outcome: Consumer habits changed → huge write-downs.
Kraft Heinz stock crashed from $90 to almost $30.
Loss: Over $3B in value.



4. US Airlines (Delta, American, Southwest, United)

Buffett bought airlines aggressively in 2016–2019.
Outcome: COVID crash — airline revenue evaporated.
Result: Buffett sold everything in 2020 at a major loss.



5. ConocoPhillips (Oil bet)

He bought near the peak of oil prices (2008).
Outcome: Oil crashed.
Result: Lost several billion. Buffett called it

“My biggest mistake.”



6. Pier 1 Imports & Dexter Shoe

Dexter Shoe is Buffett’s most famous mistake.
He bought the company using Berkshire stock — then the shoe business collapsed.
Loss: Berkshire shares given were worth $3.5B today.



7. Salomon Brothers (early 90s)

He invested heavily, but the company got involved in a treasury bond scandal.
Buffett had to step in to save the firm from collapse.

This doesn't make his bad but this definitely gives us a lesson that we should take inspiration from them rather than blindly following them .
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